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The Australian stock market is extending its early gains in mid-market moves on Friday, adding the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P\/ASX 200 is moving above the 8,900 level, with gains across most sectors led by energy and technology<\/span> stocks.<\/p>\n The benchmark S&P\/ASX 200 Index is gaining 31.90 points or 0.36 percent to 8,905.70, after touching a high of 8,909.00 earlier. The broader All Ordinaries Index is up 31.00 points or 0.34 percent to 9,180.10. Australian stocks closed notably higher on Thursday.<\/p>\n Among major miners, BHP Group and Rio Tinto are edging up 0.4 to 0.5 percent each, while Fortescue is gaining 1.5 percent and Mineral Resources is adding more than 1 percent.<\/p>\n Oil stocks are mostly higher. Santos is adding almost 1 percent, Beach energy is gaining more than 1 percent, Origin Energy is advancing almost 2 percent and Woodside Energy is edging up 0.4 percent.<\/p>\n Among tech stocks, Afterpay-owner Block, WiseTech Global and Xero are edging up 0.2 to 0.5 percent each, while Appen is gaining almost 2 percent. Zip is losing almost 1 percent.<\/p>\n Among the big four banks, Westpac is adding more than 1 percent, while National Australia Bank and ANZ Banking are gaining almost 1 percent each. Commonwealth Bank is edging down 0.2 percent.<\/p>\n Gold miners are mostly higher. Evolution Mining and Gold Road Resources are edging down 0.1 to 0.5 percent each, while Northern Star Resources is losing almost 1 percent. Newmont is edging up 0.4 percent and Resolute Mining is gaining more than 1 percent.<\/p>\n In other news, shares in Ampol are jumping almost 7 percent after it announced a $1.1 billion deal to acquire EG Australia that will add about 500 company-owned and operated (COCO) service stations to Ampol’s network.<\/p>\n Shares in Baby Bunting are skyrocketing more than 28 percent after its annual profit guidance for this fiscal year came in 12 percent ahead of analyst expectations.<\/p>\n In the currency market, the Aussie dollar is trading at $0.649 on Friday. <\/p>\n<\/p>\n Market Analysis<\/p>\n<\/div>\n